TSMC Reports Strong July Revenue Growth and Increases 2026 Capital Expenditure

TSMC announced a 44.7% year-over-year revenue increase in July, reaching approximately 467.58 billion New Taiwan dollars. The company also raised its 2026 capital expenditure forecast to a record $60-64 billion, signaling strong confidence in sustained demand for AI chips. This highlights the booming AI sector's impact on semiconductor manufacturing.